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Amendments - H.R. 50 - Unfunded Mandates Information and Transparency Act of 2015

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Washington, February 4, 2015 | comments
Reed (R-NY) – Amendment No. 1 –Requires an assessment of the effects that a proposed or final rule are expected to have on private property owners, including the use and value of affected property.
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Cummings (D-MD) – Amendment No. 2 – Strikes section 12 of the bill. That section would require federal agencies to conduct a retrospective cost-benefit analysis of any regulation at the request of the Chairman or Ranking Member of a Congressional Committee.  
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Connolly (D-VA) – Amendment No. 3 – Provides that in the event that the average annual rate of real gross domestic product (GDP) growth remains below 5 percent over the first four calendar quarters occurring after the date of enactment of H.R. 50, then the amendments made by H.R. 50 are repealed. 
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